This is a big one !!..Red Hat Signs Definitive Agreement to Acquire JBoss Inc.

Let me tell you... this move will have a massive impact on the Open Source offering.. I anticipate Red Hat shares to go up to USD32..
So the good news is that Red Hat announced that it has entered into a definitive agreement to acquire JBoss Inc.
What does this mean?
Red Hat and JBoss have signed a definitive agreement whereby Red Hat will acquire JBoss. The acquisition will join together two of the leading open source vendors to create the defining Open Source development and deployment Platform for the Enterprise. Together, the companies will focus on providing an end-to-end open source solution for the next IT generation and application architectures, including SOA. This will accelerate the adoption of open source, building a vibrant ecosystem, and, most importantly, delivering low cost, high value solutions for the customer.

What is the rationale behind Red Hat acquiring JBoss?
Red Hat has built a successful and profitable business, delivering value to customers by helping them unlock the value of open source (it has been rated #1 in value, CIO Insight for the last 2 years). Through a unique subscription model, Red Hat has helped customers shift from closed, proprietary systems to open, standards-based systems. The migration from Unix-to-Linux has helped customers lower their deployment costs, while giving them new flexibility to scale their IT infrastructures in new and different ways.

Yet the promise and possibilities of open source go beyond just deployment. Open source has the possibility to alter the entire cycle of IT projects, from development to testing and certification and into deployment. Since IT infrastructures become more complex and loosely coupled (with web services and service-oriented architectures), and because development teams become more global and distributed, the innovation and transparency of open source software and, the principles by which open communities grow, are creating new sources of economic value for forward-thinking IT organizations.

In simple words Red Hat is seeking to redefine the technology landscape by helping unlock the value of open source and open communities for customers.

This is the way to go baby ...
Very smart move